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Report: Automotive headwinds align into a perfect storm
Many people would welcome a future of shared mobility, electric and autonomous vehicles and deliveries by drone, but most don’t believe they will see it anytime soon.
Many people would welcome a future of shared mobility, electric and autonomous vehicles and deliveries by drone, but most don’t believe they will see it anytime soon. Matthias Loebich, another expert at consultants BearingPoint, said in a press release that autonomous vehicles, alternative powertrains and fewer privately owned cars will define tomorrow’s mobility. But government action is needed on many fronts to make this vision reality.
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While much focus is put on OEM plans to launch more electric vehicles, a great deal of the technology, value, production and services will come from both existing and emerging suppliers across the value chain. We expect many new opportunities for these companies over the next decade.
Volkswagen Group is bringing together in one division all the full autonomous-driving developments taking place across its 12 automotive brands.
Under pressure to cut costs, a group of automotive and IT companies has formed a consortium to develop a common computing platform for autonomous vehicles.
Renault, acknowledging the transformation of the automotive industry, will bundle all its mobility activities in a new operating subsidiary called ‘Mobility as an Industry (MAI).’
James Cox, former head of product planning at Uber, talks about leading product technology at EV startup Canoo and why he thinks the company will succeed with its subscription-based vehicle offering.
Although automotive OEMs will face years of stagnant vehicle sales, a stronger recovery thereafter will bring growth back up to long run averages and herald a return to stronger profits. By then, however, the industry is likely to have undergone further consolidation.
